FOR SALE
$250,000

1210/480 Collins Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Blue-Chip Opportunity

Situated on the twelfth floor of the renowned 'Oaks on Collins' building, this fully serviced studio apartment offers unbeatable convenience in the heart of Melbourne's CBD. With everything you need at your doorstep, this exceptional investment should not be overlooked.
'Oaks on Collins' boasts a prime location, with Melbourne Airport just a short drive away and Southern Cross Station within walking distance. Residents can enjoy easy access to a variety of dining, shopping, and cultural attractions, including the Regent Theatre, ACME Theatre at Federation Square, Melbourne Aquarium, Yarra River, Melbourne Stock Exchange, Crown Casino, and the Southbank entertainment precinct. Iconic sporting venues like Etihad Stadium, Docklands, and the MCG are also nearby.
The thoughtfully designed studio provides a fantastic investment opportunity with features include a stylish ensuite bathroom, modern kitchen with Caesarstone benchtop, integrated microwave and refrigerator, Fisher & Paykel dishwasher, quality stovetop/oven, and a reverse cycle split system.
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MESSAGE TO BUYERS –
ALL properties are advertised at GENUINE PRICES. Please understand that there is often more than one buyer interested in the same property. When that happens, all buyers will be given EQUAL OPPORTUNITY TO MAKE THEIR BEST OFFERS, VIA A SEALED BID.
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Property Details for 1210/480 Collins St, Melbourne

1210/480 Collins St, Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Lewis Realty Pty Ltd - COBURG.

Building Type
Apartment

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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 61,539 properties. Over the last 5 years, Houses in Melbourne have seen a 14.85% increase in median value, while Units have seen a -3.54% decrease. As at 30 November 2024:

  • The median value for Houses in Melbourne is $1,252,430 while the median value for Units is $449,245.
  • Houses have a median rent of $588 while Units have a median rent of $650.
There are currently 386 properties listed for sale, and 337 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2191 properties were sold in the past 12 months in Melbourne.

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